Privatization, high taxes and the slashing of cherished public-sector salaries and pensions are the price Greece has paid for accepting the loans that have kept the country in the Eurozone. Its citizens are the ones now paying the price for the costly missteps made by its leaders.

Greece has entered into a new deal with European lenders that they claim will lift the country’s economy through the enactment of new reforms. However, the debt-ridden country will still have to meet tough fiscal targets for the next two years. Today, we’ll speak with a Greek economist who believes the deal will do little to help the country.

GREECE-- The Greek government recently reached a new agreement with the so-called “troika” of lenders—the European Commission, the European Central Bank and the International Monetary Fund—on new reforms that are slated to go into effect in 2019.
The SYRIZA-led Greek government touted this agreement as a major success that signifies the end of

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Michael Nevradakis

Dr. Michael Nevradakis is an independent journalist presently based in Athens, Greece. Michael is the host of Dialogos Radio, a weekly radio program featuring interviews and coverage of current events in Greece, and is editor of Hellenic Insider. He was previously a Fulbright scholar and completed his Ph.D. in Media Studies from The University of Texas in 2018.

Thousands of Greek workers marched on parliament in Athens on Wednesday and a nationwide general strike was underway as public sector and other unions demanded an end to the austerity that has been imposed by the nation's foreign creditors to detriment of the economy and the social fabric.
"Today's strike action is being held for the working

Saddled with billions of euros in bad loans, Slovenia could soon follow Greece, Ireland, Portugal and Cyprus, becoming the fifth Eurozone country requiring an EU bailout. Slovenia’s financial situation will be